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Singapore: Bloomberg ordered to pay $356,000 in ministers' defamation suit

A Singapore court has ordered Bloomberg and one of its reporters to pay S$460,000 ($356,000; £266,000) to two ministers who had sued them for defamation over an article referencing their property transactions. Last year, the ministers, K Shanmugam and Tan See Leng, sued Bloomberg and reporter Low De Wei for a 2024 article which had mentioned their property deals. Bloomberg said it did not imply any wrongdoing and had used them as examples of a broader trend. The judge found that when read as a whole, the piece implied wrongdoing by the ministers as it also mentioned secrecy and money laundering. In a statement published by Bloomberg News, the outlet's editor-in-chief John Micklethwait said it was "very disappointed by this ruling but we will of course respect it". "We argued at trial that our reporting was accurate and served an important public interest, and we continue to believe that the ministers have imposed an extremely strained meaning on what was a solid story," he said. The piece titled "Singapore Mansion Deals Are Increasingly Shrouded in Secrecy" looked at the ways in which some wealthy buyers in Singapore obscured their purchases of Good Class Bungalows - a category of

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Jul 14, 2026·BBCT2 · Outlet report
Singapore: Bloomberg ordered to pay $356,000 in ministers' defamation suit

A Singapore court has ordered Bloomberg and one of its reporters to pay S$460,000 ($356,000; £266,000) to two ministers who had sued them for defamation over an article referencing their property transactions. Last year, the ministers, K…

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Jul 14, 2026·BBCT2 · Outlet reportLATEST
Singapore: Bloomberg ordered to pay $356,000 in ministers' defamation suit

A Singapore court has ordered Bloomberg and one of its reporters to pay S$460,000 ($356,000; £266,000) to two ministers who had sued them for defamation over an article referencing their property transactions. Last…

Read original at BBC →

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T2 · Outlet reportBBCJul 14, 2026

A Singapore court has ordered Bloomberg and one of its reporters to pay S$460,000 ($356,000; £266,000) to two ministers who had sued them for defamation over an article referencing their property transactions. Last year, the ministers, K…

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